Xanderia’s top executives just returned from a very successful business mission in Turkiye with MDEC that spanned from the 3rd to the 8th of December. A smooth and well-coordinated mission was ensured for the delegates by the MDEC team with the exemplary leadership of Gopi Ganesalingam, Senior Vice President of Digital Exports MDEC. The mission marks a pivotal moment for Xanderia as it seeks future partnerships to bolster its expansion into the OIC market and the Middle East & North African (MENA) region via Türkiye.

Razi Pahlavi (CEO and Chairman) and Anantharaj Appanan (Group CEO and Co-Founder), Xanderia’s representatives, have had the privilege to engage with the Turkiye investment department, Foreign Economic Relations Board of Türkiye (DEIC), and Industry players of Türkiye’s fintech sector at Istanbul Teknopark during their business mission. These interactions have proven to be valuable as they offered insights into the Türkiye FinTech landscape and established potential collaborations that could fuel Xanderia’s growth trajectory in the MENA region beyond 2026.

Xanderia’s active participation, coupled with the collaborative efforts of MDEC and other companies in the delegation, signifies a collective push to elevate Malaysia’s FinTech Digital Exports market to the global stage. This endeavour is not merely about individual company expansion, it is to leverage Malaysia as a prominent player in the rapidly evolving world of Shariah Fintech Industry. As Xanderia looks forward to the remaining days of this business mission, the prospects for expanding Malaysia’s FinTech or TechFin market globally seem more promising than ever. The relationships forged during this trip are anticipated to boost the technological advancement of Malaysia’s Fintech industry as Turkiye’s technology in their Participation Banking Industry (Islamic Banking/Financing Industry) can be adapted to the Malaysian market. The technological adaptation will improve Xanderia’s service towards their growing customer base as well as provide the company with a new revenue stream for the company in providing technological advancement to Malaysian companies.

Xanderia has outlined its strategic approach to international expansion, with a primary focus on entering the Indonesian market by the end of December 2024. This move takes priority before the company’s entry into the Organization of Islamic Cooperation (OIC) and the broader MENA region, scheduled for 2026. The expansion plan underscores Xanderia’s commitment to establish a significant presence in key markets and leveraging strategic partnerships for sustained growth. Xanderia’s participation in MDEC’s digital exports business mission to Türkiye is a testament to the company’s commitment to globalisation and technological innovation.